CLO5- On January 15, 2018, Arab Company enters into a contract to build 1 point custom equipment for ABC Company. The contract specified a delivery date of March 1. The equipment was not delivered until March 31. The contract required full payment of $150,000 30 days after delivery. The revenue for this contract should be b. recorded on March 1, 2018. O c. recorded on March 31, 2018. O a. recorded on January 15, 2018. d. recorded on April 30, 2018